Defund the DHF or Defund Valueplan already. Blows my mind the amount of wastefulness and how like one account has so much voting power cough blocktrades that whatever they vote on gets passed. Totally centralized money grabbing system Hive has turned into. Anything decentralized about hive is gone.
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IMO in 2024 we have defenetly overspent, the regular DHF inflation is close to 1M and we have spent more than 3M.
Which projects are justified is an never ending debate and at the end of the day we have this PoS voting mechanics and the desions was made. It obviosly isnt perfect and left a lot of small stakeholders not happy.
Its the ninja mined funds that are causing this discrepancy in the spending, and IMO it would be wise if we put some of those funds in a slow burning mode in the next HF.
Blocktrades doesn't have enough voting power to pass anything unless there are about 10 million additional concurring votes. That's not an insignificant number in my view, but if you think it's too low, add votes to return. I recently did so which improved the balance somewhat.
Not alone but in a vast amount of the things they do vote for they hold over 50% of the vote. Which would mean without that vote most of those things would fail. AKA valueplan. They effetely eat up over half of the return proposal which is kind of a stop gap for the limitation of how the DHF works. Sure I could go buy million more of Hive and cast my vote but with how over spending the DHF has become and how the few on top just gobble up hoards of new hive it's more and more impossible to even try to keep up with it. It's becoming more and more centralized with every passing day.
I just looked through the proposals and there are several passing proposals with no blocktrades vote. I didn't count but it seemed like close to half.